Doral Financial sells non-performing assets for $369M Doral Financial announced the sale of a significant amount of its non-performing assets for $369M, a move that will allow the company to improve its financial position -- by reducing risk and improving its liquidity -- and move forward with the rest of its restructuring plan. The closing of the transaction is subject to regulatory approval.
News For DRL From The Last 14 Days
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Doral Financial, Treasury Department unable to reach definitive settlement Doral Financial disclosed in a regulatory filing that the company and the Treasury Department have been unable to reach a definitive settlement agreement. On August 25, the parties ceased the settlement negotiations. The Court of First Instance has scheduled the trial for September 16, 17 and 18, Doral added.